How Unichain Went from Zero to $12B — and Still Made Gas Fees Look Like Tiny Tips 🚀😂

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In the world of tangled wires and greased palms, gas fees on Ethereum are about as welcome as a skunk at a garden party. So, users, eager to escape the scent, flocked to Uniswap’s shiny new toy, Unichain. Launched just a few months ago, it promised faster trades, cheaper fees, and the kind of speed that makes your old dial-up look lazy. And wouldn’t you know it? It’s already knocking on the door of $12 billion in trading volume, because apparently, people prefer their money quick and cheap—who knew? 😂

Unichain: The Flash in the Pan? Nope, Just the Fast Chain

Since Uniswap v4 rolled out in January, folks have been ditching Ethereum faster than they ditch their New Year’s resolutions. By mid-May, nearly three-quarters of all v4 activity was dancing over to Unichain, leaving the Ethereum crowd clutching at a measly 15.5%. Arbitrum, Base, and friends? They’re just along for the ride, with single-digit percentages to their name. Built on the Optimism Superchain—because who doesn’t love a superchain?—Unichain promises one-second block times and gas fees so low you’d think they were giving them away. Spoiler: they kind of are. 🎉

The network’s activity exploded like a soda can shaken too hard, thanks to a $45 million liquidity incentive. It peaked at $800 million in TVL before settling down to a more modest $627 million—probably because people realized they couldn’t stop clicking. Now, ranking as the fourth-largest Layer 2, Unichain is flexing its muscles and showing that speed, aside from giving you a headache during rush hour, can also be profitable.

Meanwhile, user activity did what most of us only dream of during a busy Monday—skyrocketed 3,071%, reaching a staggering 5.9 million active addresses. That’s more than a small city—more than most countries’ populations. It even managed to leave the big players in the dust, because nothing says ‘I’m here to stay’ like a 30-fold increase in active users.

Uniswap’s Comeback Tour: Featuring Unichain and Less Gas, More Glory

While rivals like Raydium on Solana are busy trying to steal the spotlight, Uniswap is busy throwing punches with its new shiny layers and lower fees—showing socks to anyone who dared doubt its prowess. With Ethereum’s gas costs rising faster than a dog chasing its tail, Layer 2s like Unichain are the new heroes in town. And if that wasn’t enough, Uniswap just hit a mind-boggling $3 trillion in total volume—because what’s more fun than trillions, right? Just another day in DeFi paradise, where everyone’s trying to make a buck and the gas fees are just another punchline in the crypto joke. 😂

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2025-05-19 20:45